April 2019 Phoenix Investment Market Snapshot

Direct Sales

April

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$10.58

$174

2

Retail

$72.63

$176

10

Industrial

$99.21

$105

13

Total

$182.42

25

Year to Date

Total Amount (in Millions)

Per Square Foot

Number of Transactions

Office

$435.75

$126

31

Retail

$230.79

$214

26

Industrial

$328.25

$96

44

Total

$994.80

101

Market Makers

Phoenix-Office-Plaza
Phoenix Office Plaza

1155 W Rio Salado Pky,
Tempe, AZ
31,728 SF / 100% Leased
Sales Price: $6.6 M ($209 PSF)

Westwood-on-Camelback
Westwood on Camelback

2211 W Camelback Rd,
Phoenix, AZ
59,400 SF / 100% Leased
Sales Price: $13.8 M ($232 PSF)

Honeywell
Honeywell

19019 N 59th Ave,
Glendale, AZ
252,300 SF / 100% Leased
Sales Price: $26.5 M ($105 PSF)

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Phoenix Investment Sales, 2019 2Q Report

2019 2nd Quarter Report - Phoenix Investment Sales

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The Colliers International Investment Team provides timely, accurate and comprehensive property and market analysis for office, retail and industrial properties throughout metropolitan Phoenix. Our mission is to inform and educate the buyers and sellers of commercial real estate in the 13th largest metropolitan area in the United States. For custom or submarket-specific analytics and property-level evaluations, please contact any member of our team.

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